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Announcement Of Cessation As Executive Director

BackApr 29, 2010
Resignation Details
Name Of Person Wu Chao-Ping
Age 57
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 27/04/2010
Detailed Reason(s) for Cessation Retirement as Director pursuant to the Bye-laws of the Company without seeking re-election.
Is there any difference of opinion on material matters between the person and the Board of directors? No
If yes, please elaborate NA
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? No
If yes, please elaborate NA
Any other relevant information to be provided to shareholders of the listed issuer? No
If yes, please elaborate NA
Date of Appointment to current position 13/04/2005
Job Title Executive Director
Role and Responsibilities Overseeing the overall operations of the Fleet of the Group.
Does the AC have a minimum of 3 members (taking into account this resignation)? Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation) 3
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months None
Interest in the listed issuer and its subsidiaries Deemed interest: 94,676,874 shares
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Brother of Mr Wu Chao-Huan, Managing Director and substantial shareholder of the Company.
Other Directorship
Past Directorship (for the last five years) Nil
Present Directorship Nil

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